CCEA Approves Continuation Of Credit Guarantee Fund Scheme For Education Loans

The Cabinet Committee on Economic Affairs (CCEA) today approved continuation of the Credit Guarantee Fund Scheme for Education Loans and continuation and modification of the Central Sector Interest Subsidy (CSIS) Scheme with a financial outlay of Rs 6,600 crore for the period from 2017-18 to 2019-20, an official release said. 

This will provide education loans to 10 lakh students during this period, it added.